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Investor Druckenmiller sees U.S. falling into recession next year

Investor Druckenmiller sees U.S. falling into recession next year

© Reuters. FILE PHOTO: Stanley Druckenmiller, Chairman and CEO of Duquesne Family Office LLC., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. REUTERS/Brendan McDermid/File Photo (Reuters) -Billionaire investor Stanley Druckenmiller said he believes the Federal Reserve’s monetary policy tightening may push the U.S. into a bigger-than-expected recession next year.…

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© Reuters. FILE PHOTO: The U.S. Federal Reserve building is pictured in Washington, March 18, 2008. REUTERS/Jason Reed/File Photo   US500 -1.72% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100…

UK market meltdown? Nothing to see here, Treasury minister says

UK market meltdown? Nothing to see here, Treasury minister says

© Reuters. British Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng visit Berkeley Modular, in Northfleet, Kent, Britain, September 23, 2022. REUTERS/Dylan Martinez/Pool LONDON (Reuters) – Britain’s deputy finance minister on Saturday played down a historic collapse in the pound and government bonds in response to the country’s new economic growth plan,…

Flood-hit Pakistan should suspend debt repayments, says UN paper

Flood-hit Pakistan should suspend debt repayments, says UN paper

© Reuters. FILE PHOTO: A man, displaced because of the floods, wades through flood water to fill the canisters, following rains and floods during the monsoon season in Sehwan, Pakistan September 20, 2022. REUTERS/Stringer/File Photo (Reuters) -Pakistan should suspend international debt repayments and restructure loans with creditors after recent floods added to the country’s financial…

Sri Lanka to unveil debt restructuring plan to creditors

Sri Lanka to unveil debt restructuring plan to creditors

© Reuters. FILE PHOTO: Protesters shout slogans at an anti-government rally, amid the country’s economic crisis, in Colombo, Sri Lanka, August 6, 2022. REUTERS/Kim Kyung-Hoon//File Photo   BLK -1.25% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point…